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      Question

      The first Bank in India to introduce biodegradable cards

      (prepared gift cards) is
      A ICICI Correct Answer Incorrect Answer
      B HDFC Correct Answer Incorrect Answer
      C SBI Correct Answer Incorrect Answer
      D Axis Bank Correct Answer Incorrect Answer

      Solution

      Axis Bank Ltd has announced biodegradable prepaid gift cards on the occasion of World Environment Day (05th June). With this, the bank has become the first to introduce biodegradable cards in the country. The card has the look and feel of regular plastic cards and can be used in PoS terminals and ATMs. Biodegradable cards can also be recycled.

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